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Eurozone Seeks a Leader: Merkel Says "Nein Danke"

Editorial | The New York Times, March 24, 2010

"The European Union has been unable to deliver because Chancellor Angela Merkel of Germany, Europe's biggest, richest country, has been unwilling to lead." ++ Greece has adopted tough new austerity measures designed to get its fiscal house in order, but thus far Germany has refused to provide the crucial loan guarantees Greece is seeking. ++ If Chancellor Merkel is unwilling to provide such guarantees, Greece may have to turn to the International Monetary Fund, thus damaging the credibility of the EU.

 

 
 
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Marie-Claude  Corneauster

Thu, Mar 25th 2010, 08:55

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I like this comment! What's this?
What Madame Veto doesn't understand, is that if she lets Greece going to hell, Portugal, Spain Italy France UK, Ireland will follow, so, she'll have a lot to loose in exportations !

She'd better decide to quit euro, and leave us todevaluate the money !
 

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